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TechFlow, August 8 — According to Cointelegraph, Two Seas Capital, the largest active shareholder of bitcoin mining firm Core Scientific, announced it will vote against the acquisition offer from AI infrastructure company CoreWeave. Holding a 6.5% stake in Core Scientific, Two Seas Capital believes the $9 billion valuation significantly undervalues the company.
According to Cointelegraph, Two Seas Capital, the largest active shareholder of Bitcoin mining company Core Scientific, announced it will vote against the acquisition offer from AI infrastructure firm CoreWeave. Two Seas Capital, which holds a 6.5% stake in Core Scientific, believes the $9 billion valuation deal significantly undervalues the company.
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